|
By Jeff Harding. Check out this report on the Obama Administration’s latest gift: free golf cart! This is from the Wall Street Journal. I really can’t add much to this. We thought cash for clunkers was the ultimate waste of taxpayer money, but as usual we were too optimistic. Thanks to the federal tax credit to buy [...] Rebel Economist video on The People’s Stimulus A new video from “Rebeleconomist” (Michelle Muccio). She poses the question: who’s better at spending your money, you or the government? Enjoy. Why the Fed and Treasury Can’t Renegotiate Securitized Subprime Loans Brent and Whitney bought a condo in Corona, California in 2005 for which they paid $275,000. They put down the $25,000 they borrowed from their parents and signed up for a $250,000 mortgage. It was an adjustable rate loan which reset in 2008. I [...] Watch Out for the Do Something Congress I’ve been watching TV reporters interview out of work people around the country. They are all good and worthy people not looking for a handout who deserve to have good jobs and financial well being. Almost to a person they are looking forward to the success [...] |
|
Copyright © 2010 The Daily Capitalist - All Rights Reserved |